248 SEELEY AVE

Keansburg, Monmouth County · Block 71, Lot 14

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Assessment year 2026 · Rate year 2025 · Prior rate 2024

2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.

Estimated tax story (homeowner view)
$5,681

Estimated annual tax: current net × 2.143 (rate year 2025). Year-over-year % is hidden until the 2026 general rate is available for this reval/reassess town.

Assessment net change: +7.6% ($246,400 → $265,100).

Assessment

Land$188,000
Improvements$77,100
Net (taxable assessed, 2026)$265,100
Town avg ratio used100.00% (Revaluation year (~100% of market))
Implied equalized value$265,100
2025 tax (MOD-IV billed)$5,280.35
Est. 2025 tax @ general rate$5,681
Mailing address (2026)297 MILLSTONE RIVER ROAD, BELLE MEAD; NJ;, 08502

How the ratio works: New Jersey towns often assess below full market value. The average ratio (Director’s / Chapter 123) estimates what percent of true market value the town’s assessments represent. Implied equalized value ≈ assessed net ÷ (ratio ÷ 100). Example: assessed $187,600 at 55.89% ≈ $335,700 equalized. Tax bills still use assessed value × the general tax rate — not the equalized figure.

This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 104.94% (often still reflecting the prior assessment base).

Year-by-year assessed value & tax

From NJ MOD-IV files (2023, 2024, 2025, 2026). Tax is the MOD-IV billed amount when present; otherwise —. Current mailing is in Assessment above.

Year Assessed net Tax
2026 $265,100
2025 $246,400 $5,280.35
2024 $220,500 $4,851.00
2023 $149,600 $3,874.64

Mailing changed in 2025 to 297 MILLSTONE RIVER ROAD, BELLE MEAD; NJ;, 08502.

Assessed value & ratio history

Parcel assessed nets come from MOD-IV year files (2023, 2024, 2025, 2026). Town average ratios are from Abstract / Chapter 123 when available — implied equalized = assessed ÷ (ratio ÷ 100).

Tax year Assessed net Avg ratio Implied equalized Assessed Δ Equalized Δ
2023 $149,600 98.31% $152,172
2024 $220,500 100.00% $220,500 +47.4% +44.9%
2025 $246,400 100.00% $246,400 +11.7% +11.7%
2026 $265,100 100.00% $265,100 +7.6% +7.6%

2024: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

2025: Published average ratio exceeded 100%; New Jersey treats that as 100% for equalization.

2026: This town revalued/reassessed for tax year 2026. New assessments are set near true market value, so we treat the ratio as ~100% for this year. Published Chapter 123 average ratio for appeals/statistics is still 104.94% (often still reflecting the prior assessment base).

Tax year history

Assessed net is from that year’s MOD-IV file. Est. tax = assessed × that year’s general rate when we have the rate sheet. Billed tax is the MOD-IV tax field when present (often empty for the newest file year).

Tax year Assessment net General rate Est. tax (that year) Billed tax Est. vs prior
2023 $149,600 2.590 $3,875 $3,874.64
2024 $220,500 2.200 $4,851 $4,851.00 +25.2%
2025 $246,400 2.143 $5,280 $5,280.35 +8.9%
2026 $265,100 pending rate

Where your money goes

Component $ = net × (component rate ÷ 100). Percents are share of school + county + municipal components for rate year 2025.

Schools
$2,025 35.7%
County
$528 9.3%
Municipal
$3,128 55.1%
District school (0.764)$2,025
County (0.161)$427
County library (0.010)$27
County health (0.003)$8
County open space (0.025)$66
Municipal purpose (1.180)$3,128

Property details

Class2
Building class16
Building1SF
Land description25X72
Dwellings1
Commercial units
Year built1933
Acreage0.0413
Zoning
Tax map page12
Additional lots
Census tract / block
Special tax codes
MOD-IV current-year tax
Last sale$72,000 · 6/14/2002 · sale assessment $51,200
Deed book / page08130 / 03570

See this lot on the statewide map, then come back for the full tax story.

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Sources: NJ Division of Taxation MOD-IV (current parcel file) and tax rates for 2025 (Abstract of Ratables). Estimates are not an official tax bill. Owner names are not shown. Full disclaimer.